Brazil’s Presidential Election is officially headed for a runoff.
Source: Benny Johnson
NEW ALL-TIME HIGH: 46% chance Marine Le Pen wins the next French Presidential election
Source: Kalshi Politics
Same Big Mac. Two miles apart. Two very different prices.
$5.69 at one Fresno McDonald’s. $6.89 down the road. According to Reuters, McDonald’s uses AI to recommend restaurant prices based on local “customer willingness to pay.” Franchisees say they face pressure to follow those recommendations. When customers are already feeling squeezed, calculating how much more they will tolerate seems a questionable recipe for rebuilding loyalty. The incentives deserve scrutiny. McDonald’s collects rent and a share of restaurant revenue. Higher prices can benefit corporate. Franchisees face the customers—and risk losing their business. AI can optimize a price. But can it tell you when that price breaks trust? The real question isn’t how much customers are willing to pay today. It’s whether they’ll come back tomorrow. Source: Hedgie
Four watches. $49.4 million. All for charity.
Rolex’s “Four Seasons” auction has taken place in London—and the result is extraordinary. Four unique Cosmograph Daytonas, sold individually by Phillips, raised a combined $49,467,260, setting a new benchmark for a charity watch sale. The results: ☀️ Summer: $13.6 million 🍂 Autumn: $13.5 million ❄️ Winter: $13.2 million 🌸 Spring: $9 million Each watch interprets a season through precious metals, natural-stone dials and spectacular gemstones. All proceeds will support the Federer Foundation and Re, helping children access education and protecting ecosystems worldwide. Scarcity, craftsmanship and the Rolex name brought collectors to the table. The lasting value will be measured in the lives and landscapes those bids help transform.
A routine Dubai–Tel Aviv flight turned into a midair emergency
FlyDubai Pilot Reportedly Stabbed, Israeli News Says Incident Treated As "Full-Fledged Terror Attack". Flydubai flight FZ1073 diverted to Tabuk, Saudi Arabia, today after a reported cockpit altercation and a rapid descent. The aircraft landed safely. All passengers were safe and accounted for. Israeli officials allege that the co-pilot stabbed the captain and are investigating a possible attempted terror attack. Flydubai has confirmed an onboard incident but has not specified its nature. ⚠️ BEWARE OF FAKE NEWS AND BREAKING NEWS MOVING FASTER THAN FACTS: NOTHING IS CONFIRMED AT THIS STAGE ‼️ Source: zerohedge
And the winner of the day is... El Al stock
El Al stock is UP nearly 8% today in the news that a routine Dubai–Tel Aviv flight turned into a mid-air emergency as a full-fledged terror attack is suspected (but not confirmed).
President Trump's 37% job approval rating is the lowest of any president before a midterm election (note: polling data goes back to 1990).
Source: Charlie Bilello
Polymarket: Democrats are now favored to take back the Senate (63% probability) and the House (93% probability) in the midterm elections, the highest odds to date...
Source: Polymarkets, Charlie Bilello
